Intel to invest Rs 1100 crore to expand its R&D presence in Bangalore

Bangalore: Intel today said that it will invest over Rs 1100 crore to expand company’s R&D presence and build a new state-of-the-art design house in Bangalore. The proposed facility will be located at Intel’s 44-acre campus on city’s Sarjapur Ring Road (SRR).

With approximately 620,000 sq. ft. of space including lab capacity, the new building with specialized infrastructure will be used for design and verification purposes. This additional capacity will help Intel India consolidate its R&D operations to a large extent at the SRR campus.

Designed to be a `smart and green’ building, the upcoming facility, SRR4 will be constructed using ‘One Storey High Technology’, with each floor being built on ground, then lifted and attached to the top of the building, and then built from the roof downwards. This technology will enable reduction of scheduled construction time by 30 percent, as compared to traditional construction methods.

It will be a second such building in India and will be constructed entirely by local contractors. It will be equipped with IoT-based smart features, including smart lights and real-time occupancy management, and will use renewable energy sources like solar and fuel cell-based power.

“Karnataka has always been in the forefront when it comes to the IT industry, being the centre of investment, our Invest Karnataka initiative is proving its worth with such beneficial investments in the recent years. Such investments will bring tremendous job opportunities and strengthen the IT sector in the country.” said Siddaramaiah, Chief Minister of Karnataka.

“Bengaluru has the right potential required for growth in the IT industries and such an investment will propel the state and in turn move the country forward in achieving greater heights. This is one of the many investment agendas that we have planned for the state. I’m confident that Intel’s investments will encourage innovation and bring in more opportunities,” said Priyank Kharge, IT, BT Minister, Government of Karnataka.

“Intel India plays a very strategic role in Intel’s growth, with significant contributions to Intel’s technology and product leadership,” said Nivruti Rai, Intel India general manager, vice president of Data Center Group. “We are excited about expanding our best-in-class design capabilities in India that will enable us to continue our momentum in doing cutting-edge innovation and design from India. We look forward to working with the vibrant ecosystem in India and contribute to the country’s innovation journey and growth.”